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Previse, Pagero to embed InstantPay early payment technology

Tuesday 6 July 2021 10:37 CET | News

AI fintech Previse has partnered with global e-invoicing firm Pagero to enable instant, embedded finance to be delivered through a large open business network. 

The partnership will see Pagero roll out Previse’s early payment capabilities to its customers, giving suppliers on the Pagero network the option of a ‘pay me now’ button as soon as they generate an invoice. Using artificial intelligence trained on billions of pounds worth of invoice data, Previse’s InstantPay platform makes a smart assessment of whether invoices will be paid. Previse then unlocks bank capital to pay suppliers, instantly. Pagero’s platform, which digitises document flow between buyer and supplier, provides a ready set of data points upon which InstantPay operates. 

The past 18 months have shone a light on the need for robust supply chains, underpinned by fast and easily accessible B2B payments. Previse is currently expanding its range of embedded early payments solutions to platforms and corporates globally, making it easy for end-users to choose when they get paid.


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Keywords: partnership, B2B payments, e-invoicing
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: World
This article is part of category

Banking & Fintech